Carrier Global Debt-to-Assets Ratio Growth & History (CARR)
Carrier Global's debt-to-assets ratio was 0.32 for fiscal 2025.
View full Carrier Global company overviewCarrier Global annual debt-to-assets ratio history
2019
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.32 | −0.02 | −5.78% |
| 2024 | 2024-12-31 | 0.34 | −0.11 | −23.42% |
| 2023 | 2023-12-31 | 0.45 | 0.08 | +23.10% |
| 2022 | 2022-12-31 | 0.36 | −0.03 | −7.91% |
| 2021 | 2021-12-31 | 0.40 | −0.04 | −10.01% |
| 2020 | 2020-12-31 | 0.44 | 0.39 | +746.12% |
| 2019 | 2019-12-31 | 0.05 | — | — |
Carrier Global quarterly debt-to-assets ratio
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.33 | 0.02 | +7.39% |
| Q1 2026 | 2026-03-31 | 0.32 | −0.00 | −0.12% |
| Q4 2025 | 2025-12-31 | 0.32 | −0.02 | −5.78% |
| Q3 2025 | 2025-09-30 | 0.31 | −0.01 | −2.70% |
| Q2 2025 | 2025-06-30 | 0.31 | −0.03 | −9.69% |
| Q1 2025 | 2025-03-31 | 0.32 | −0.11 | −25.22% |
| Q4 2024 | 2024-12-31 | 0.34 | −0.11 | −23.42% |
| Q3 2024 | 2024-09-30 | 0.32 | −0.03 | −8.08% |
| Q2 2024 | 2024-06-30 | 0.34 | −0.01 | −3.09% |
| Q1 2024 | 2024-03-31 | 0.43 | 0.07 | +20.36% |
| Q4 2023 | 2023-12-31 | 0.45 | 0.08 | +23.10% |
| Q3 2023 | 2023-09-30 | 0.35 | −0.02 | −6.05% |
| Q2 2023 | 2023-06-30 | 0.35 | −0.03 | −7.82% |
| Q1 2023 | 2023-03-31 | 0.35 | −0.02 | −5.32% |
| Q4 2022 | 2022-12-31 | 0.36 | −0.03 | −7.91% |
| Q3 2022 | 2022-09-30 | 0.37 | −0.02 | −6.25% |
| Q2 2022 | 2022-06-30 | 0.38 | −0.02 | −4.91% |
| Q1 2022 | 2022-03-31 | 0.37 | −0.04 | −10.11% |
| Q4 2021 | 2021-12-31 | 0.40 | −0.04 | −10.01% |
| Q3 2021 | 2021-09-30 | 0.40 | −0.10 | −19.53% |
| Q2 2021 | 2021-06-30 | 0.40 | −0.12 | −23.48% |
| Q1 2021 | 2021-03-31 | 0.42 | −0.13 | −23.40% |
| Q4 2020 | 2020-12-31 | 0.44 | 0.39 | +746.12% |
| Q3 2020 | 2020-09-30 | 0.49 | — | — |
| Q2 2020 | 2020-06-30 | 0.53 | — | — |
| Q1 2020 | 2020-03-31 | 0.54 | — | — |
| Q4 2019 | 2019-12-31 | 0.05 | — | — |
Carrier Global debt-to-assets ratio trends
Over the last five fiscal years, Carrier Global's debt-to-assets ratio decreased from 0.44 to 0.32, a change of −0.12. The latest reported quarter, Q2 2026, shows 0.33.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Carrier Global source filings ↗